The abstract is generated by AI## Proprietary Trader for Beginners: The Art of Choosing a Company and Risk Management
### How does a Proprietary Trader work before becoming a Trader
If you want to enter the proprietary trading industry, you should understand that these companies operate differently from regular brokers. Instead of using their own capital, Prop companies use their own funds and allocate them to Traders to trade in exchange for a profit split.
The process is quite strict: you must pass an assessment called the "Challenge" by paying an upfront fee. The typical duration is 30-60 days. During this period, the co
View Original### How does a Proprietary Trader work before becoming a Trader
If you want to enter the proprietary trading industry, you should understand that these companies operate differently from regular brokers. Instead of using their own capital, Prop companies use their own funds and allocate them to Traders to trade in exchange for a profit split.
The process is quite strict: you must pass an assessment called the "Challenge" by paying an upfront fee. The typical duration is 30-60 days. During this period, the co
